WORLDWIDE GOLF INSIDER

February / March 2017

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ver.indd 1 12/1/1 ver.indd 1 12/1/1 ver.indd 1 12/1/1 ver.indd 1 12/1/1 INSIDER Q&A I t took a while for Richard Edmon- son, the CEO of SkyGolf, to realize his passion for the game of golf. But once he did, he embraced it wholeheartedly. The Mississippi native had a strong business sense long before being ex- posed to the game, but once he started playing, he realized that what he had learned and practiced as a CPA could immediately translate into the golf in- dustry. Namely, that the technological advancements of wireless communica- tion that had transformed the business world could also transform the golf in- dustry. Today, Edmonson runs a golf-centric company that puts that technology, lit- erally, into the hands of golfers, prima- rily through SkyCaddie. We caught up with Edmonson and picked his fertile brain about his past, present and future, as well as the im- pact that technology will continue to wield on the game of golf. how did you come up with the idea of a handheld gps for golfers? After col- lege, my early career was spent as a CPA with a national accounting firm, where I got to see an array of businesses and what made them work or not work. It was at that stage I discovered an en- trepreneurial drive. During a brief period of retirement, I was finally able to play golf several days a week after years of being limited to a few times per month. But even as an avid golfer, retirement was not satisfying and I began looking for another business to invest in or par- ticipate in as an outlet for my need to build something. In my search for the next opportunity, I would always trust a friend for advice and guidance on technology-based businesses on my radar. Coincidentally, this friend had built a business special- izing in rapid-prototyping of emerging technologies in the areas of wireless communications, GPS and the internet. At some point, my relationship with this friend led to a partnership that would be focused on taking his broad technology knowledge and capabilities coupled with my business experience to find commercial opportunities. During my analysis of the many pos- sibilities, I ran across an abandoned project of his concluded in the very early '90s that resulted in the "first" demonstrable golf-cart GPS system. This caught my attention because at first it seemed like an emerging oppor- tunity and it was ready to go. And with that, we undertook the challenges of what ended up being a four-year quest to build and introduce the first hand- held GPS device designed for golfers to own personally for use on any golf course in the world to get the distances they need but never had access to be- fore. ••• what makes skycaddie's product stand out? SkyCaddie is committed to taking an imperfect technology and making it into a product that any golfer, regard- less of skill level, can trust to deliver all the distances they need for any situa- tion on a golf course that will allow them to save strokes and play golf to the best of their ability. Due to imperfections and challenges in using GPS, we learned from the be- ginning that there are no shortcuts to delivering distances that can be trusted. That is why SkyCaddie goes the extra mile and to actually walk the course the golfer will play to measure accurately and completely the hazards, layups and greens. ••• what's the most exciting product from skycaddie in 2017? I would say our hitting the mark SkyGolf CEO Richard Edmonson brought handheld GPS to golf Richard Edmonson. fi

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